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China's overseas contractual projects stood at 7.96 billion U.S. dollars in the first two months of 2009, Ministry of Commerce (MOC) spokesman Yao Jian said Monday. The figure was up 24.8 percent year-on-year despite the world economic downturn, Yao said. He said Chinese companies had become more experienced in investing in overseas projects. Many co...
A new survey shows that China remains very attractive to international direct investments. This is despite given the fact that China will continue to be affected by the sharp decrease in global transnational direct investments in 2009, said China's Ministry of Commerce (MOFCOM). The series of policies the Chinese government has implemented to expand domest...
China's actual use of foreign direct investment (FDI) fell for the fifth consecutive month in February to 5.83 billion U.S. dollars, down 15.81 percent year on year, the Ministry of Commerce (MOC) announced Monday. The ministry approved the establishment of 1,265 foreign-funded enterprises last month, down 13 percent from a year earlier, the MOC spokesma...
China's Ministry of Commerce (MOC) has urged local governments to promote development of second-hand commodity markets to stimulate economic growth and increase employment. The ministry said in a recent circular that local governments should strive to build a batch of big second-hand commodity markets in large and medium-size cities. It said the develo...
China will foster a number of globally competitive logistics companies by 2011, said a stimulus plan of the country's logistics industry released on the government website on Friday. All departments and local governments are urged to make efforts to achieve the goal, according to the plan, issued by the State Council, or the cabinet. It said local au...
China will control the number of peltry processing companies and limit peltry import this year, according to a statement released by Ministry of Commerce (MOC) on its website on Saturday. The statement, jointly issued by MOC, Ministry of Environmental Protection and China Customs, said the country would continue to ban exports of semi-finished and...
The 19th China Attractions Expo, considered as the top show in Chinese amusement industry, opened Friday in Beijing, and the volume of agreed business has reached a record high 500 million yuan (73.2 million U.S. dollars). The three-day exposition attracted investors, suppliers and developers of advanced amusement facilities from 23 countries and regions,...
Business leaders attending a logistics conference here said Friday that the global economic crisis might bring opportunities for Chinese cars to enter the Western European market. Tong Zhiyuan, chairman of Chinese carmaker Huatai, said that because the purchasing power of most European families was affected by the economic crisis, some European countries ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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